4406 Green Acres PkwyPortsmouthVA23703
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Portsmouth at 4406 Green Acres Pkwy, Portsmouth, VA, 23703 priced at $267,900 pairs $2,282/mo rent with $622/mo cash flow after a $1,311/mo payment. Total monthly income equals $2,282/mo, and annual cash flow comes to $7,467/yr on $88,809 invested. Return on cash invested is 28.32% in year one, and rental yield stands at 10.22% on a $267,900 basis. Equity gained on principal adds $1,729/yr, and 5% annual appreciation accumulates to $74,016 by year five. Five-year ROI measures 147.99% and total cumulative return in cash reaches $131,426. For financing, Ziffy Mortgage’s DSCR program evaluates $2,282/mo property income against a $1,311/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23703, Portsmouth, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,410 (100%) |
| Owner Occupied HU | 7,264 (63.7%) |
| Renter Occupied HU | 3,500 (30.7%) |
| Vacant Housing Units | 646 ( 5.7%) |
| Median Home Value | $302,766 |
| Average Home Value | $328,834 |
Housing Distribution
Address Breakdown
Residential
10,860
Single Family
10,202
Multi-Family
658
Businesses
441
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Listed by: Jamese Harte • KW Coastal Virginia Chesapeake
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10574599
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